Ep. 331: Game Industry Layoffs – How Studios Can Do Better

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/17/02/67/170267ed-2cd2-5f34-0de0-4ad7beec8b21/mza_13296656582124939006.jpg/600x600bb.jpg

Joygasm

Russell Perkins

300 episodes

1 month ago

A weekly video game & movie podcast with new episodes every Monday just for YOU! Enjoy the show 2 days early at Patreon.com/joygasm Geek out with Russ (Xbox Live: T0ASTER360) and Steve (Xbox Live: Stevavitch) as they banter on video game & movie industry news, share hands on impressions of their gaming adventures on Xbox, Playstation, Nintendo, and mobile, provide in depth movie reviews, and discuss trending pop culture topics. If you crave pixel goodness, memorable moments, and experiences that make your inner child do the happy dance, you've come to the right place. Welcome to Joygasm - A Video Game & Movie Podcast!

All content for Joygasm is the property of Russell Perkins and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Ep. 331: Game Industry Layoffs – How Studios Can Do Better

Joygasm

54 minutes 40 seconds

1 month ago

Ep. 331: Game Industry Layoffs – How Studios Can Do Better

2023-2024 has suffered over 20,000 layoffs in the game industry, which is the highest number on record as of this recording. Impacted employees have had their finances devastated, their families uprooting their homes to new locations for nothing, and are struggling in a market absolutely saturated with talent, who are also looking for a new job. I explore how the industry got here, but more importantly, I offer helpful suggestions on how studios can do better with layoffs in the future.
TIMESTAMPS:
00:00 – Intro
00:11 – Greetings!
01:00 – 20,000+ layoffs between 2023-2024
03:00 – What doesn’t kill you gives you XP
05:00 – Head games
07:28 – Major acquisitions
15:00 – Higher interest rates
16:25 – A.I.
19:40 – Corporate greed
23:00 – Bobby Kotick’s base salary could have saved 1,000+ jobs
27:27 – Host a job fair on campus
30:00 – Leadership needs to be present for layoff meetings
32:20 – Provide layoff notice 3-6 months in advance
36:18 – Fill available roles within the studio instead of layoffs
39:07 – Good leaders take $1/year salary
40:41 – Layoffs equal no bonuses for leadership for that year
42:00 – Avoid expensive office spaces
45:25 – Riot Games severance package is stellar
48:40 – Let impacted employees keep their RSU stock
51:00 – Final thoughts
SUPPORT JOYGASM:
buymeacoffee.com/joygasm
patreon.com/joygasm
PLAY WITH US!
Russ / Xbox Live Gamertag: T0ASTER360
Steve / Xbox Live Gamertag: Stevavitch
CONNECT WITH JOYGASM ONLINE!
►Visit the Joygasm WEBSITE: http://www.joygasm.tv
►Subscribe to Joygasm on iTUNES: https://itunes.apple.com/us/podcast/joyga…d1231911499?mt=2
►Subscribe to Joygasm on RSS: https://russellperkins.com/feed/podcast/
►Subscribe to Joygasm on ANDROID: https://subscribeonandroid.com/russellperkin…feed/podcast/
►Listen to Joygasm on BLUBRRY POWERPRESS: https://www.blubrry.com/joygasm/
►Subscribe to Joygasm on GOOGLE PLAY: https://www.google.com/podcasts?feed=aHR…mZWVkL3BvZGNhc3Qv
►Like Joygasm on FACEBOOK: https://www.facebook.com/joygasmtv
►Follow Joygasm on SOUNDCLOUD: https://soundcloud.com/joygasmtv
►Follow Joygasm on TWITTER: https://www.twitter.com/joygasmtv
►Follow Joygasm on INSTAGRAM: https://www.instagram.com/joygasmtv
►Follow Joygasm on TWITCH: https://www.twitch.com/joygasmtv
►Follow Joygasm on SPOTIFY: https://open.spotify.com/show/6wQaLoDcTQuQ9opr3CsvGE